Multi-Family and Commercial
For Sale
Contact for pricing
4211 & 4213 Lake Land Blvd, Mattoon, IL 61938
19-unit multi-family and commercial property with consistent gross revenue.
Property Size53,579 SF
Price / SF$13
Days on Market174
Property Features for 4211 & 4213 Lake Land Blvd
General Information
Standard status
Active
Size
53,579 SF
Property subtype
Multifamily
Building Details
Units
19
Listing Agency:
CENTURY 21 KIMA Properties
(217) 258-6621
Listed By:
Kirk Swensen · License #IL
Source:
Crexi
Added: Feb 18
Changed: Aug 8
Last Checked: Jul 23 at 7:43AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 KIMA Properties
Investment Insights
Based on property information with market context.
This property at 4211 & 4213 Lakeland Blvd features a 19-unit multi-family and commercial investment opportunity. The property includes eleven 2-bed, 2-bath units, one 1-bed, 1-bath unit, and seven studio apartments. New gutters and a roof were installed on the apartment building in 2024, excluding the upper level. A TPO layer was installed on the commercial building at 4211. The owner covers water and trash expenses for all units, as well as electricity for the studio apartments. The property has a size of 53579 square feet. The gross revenue has been consistently $135,000 for three consecutive years.
Key Highlights
- 19‑unit Multi‑Family and Commercial property investment opportunity
- Consistent $135k gross revenue for 3 consecutive years
- New gutters & roof installed on the apartment building in 2024 (excluding the upper level)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Explore this area
Business Placement
Demographics for 61938, IL
20,768
Population
10,299
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
126.5 sq mi
ZIP Area
164
Density / Sq Mi
$54,288
Median Household Income
$39,651
Median Earnings
$771
Median Rent
$109,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - 19-unit multi-family and commercial property with consistent gross revenue.
Where is this apartment building located?
The property is located at 4211 & 4213 Lake Land Blvd Mattoon, IL.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 19‑unit Multi‑Family and Commercial property investment opportunity; Consistent $135k gross revenue for 3 consecutive years; New gutters & roof installed on the apartment building in 2024 (excluding the upper level)
